MTPredictor nails profitable short trade on the Dax today

MTPredictor is doing well with the DAX at the moment. It issued a sell signal on the DAX 5 minute chart today to set up a profitable trade.

Using real time data, MTPredictor signalled a short trade entry at a decision point high that resulted in a 3.6R profit at the first profit target.

You can see this trade in the image (click to enlarge). DP on the chart denotes a decision point which MTPredictor displays in real time. The system then calculates the risk/reward and profit targets for effective trade management.

The STF oscillator shown on the bottom of the chart is a trend indicator. You can see that it coincides with the fall in DAX price.